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Income-producing property in Brig-Glis
  • CHF 850’000

Overview

  • Investment property
    Type
  • 7.5
    Rooms
  • 190 m²
    Living Space
  • 4
    Bathrooms
  • 3356
    Property ID

Description

Attractive capital investment in the heart of Brig-Glis: This property comprises four rented apartments with a total area of approximately 190 m² within a well-maintained condominium association with a total of 9 units – centrally located and with excellent rental potential. The units consist of a studio, a 1½-room apartment, a 2½-room apartment and a 3½-room apartment. These small, well-laid-out apartments correspond exactly to the size most sought after on the local rental market and are currently fully rented, ensuring stable and immediate returns from takeover.

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What this means in Switzerland

Who may acquire this property

Eligibility depends on your residence status, not on your nationality alone.

Your situation
Swiss national, or C permit holder
No authorisation required
EU / EFTA national resident in Switzerland
No authorisation required
Non-EU national with a B permit
Primary residence only, and must be occupied
Resident abroad
Holiday home only, in a designated commune, under quota

The seller has not declared a status for this listing. Holiday-home designation is decided commune by commune, and the cantonal authority issues the binding decision.

What a Swiss bank will require

Affordability is tested at a theoretical 5% rate, not at the rate you would actually pay.

Equity (20%)
CHF 170’000
Of which outside your pension fund
CHF 85’000
Acquisition costs, Valais (2.6%)
CHF 22’100
Cash required at signature
CHF 192’100
Minimum gross annual income
CHF 152’828
Imputed monthly charge
CHF 4’203

At an indicative market rate your real monthly outlay would be closer to CHF 2’219. Commonly split 50/50 between buyer and seller by contract.

Does this property fit your budget?

Ask the advertiser for a viewing or the full sales file.

360° Virtual Tour

The neighbourhood

Nearest public transport stop Glis, Dorf 2 min walk

Door to door by public transport

  • Bern1 h 20
  • Fribourg/Freiburg1 h 53
  • Lausanne2 h 13
  • Neuchâtel2 h 23
  • Zürich HB2 h 25
  • Basel SBB2 h 27

Weekday departure at 07:00, walking time to the stop included. Source: Swiss public transport timetable.

  • City: Glis
  • Canton: Valais
  • Zip/Postal Code: 3902
  • Area: Holzji
  • Country: Switzerland

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